ETF profile for Direxion Hcm Tactical Enhanced US ETF (HCMT) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
HCMT ETF Profile
| Family: |
Direxion Shares |
| Name: |
Direxion HCM Tactical Enhanced US ETF |
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| Inception Date: |
22-Jun-2023 |
| Termination Date: |
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| Investment Objective: |
The Fund is actively managed and seeks to provide enhanced returns across multiple market cycles that are broadly correlated to the U.S. equity markets. The Fund uses a proprietary quantitative investment model based on the HCM-BuyLine (the "Model") developed by the Fund's subadvisor, Howard Capital Management, Inc. ("Sub-adviser"), to determine if the Fund's assets are allocated to U.S. equity securities or to cash and cash equivalents (i.e., money market funds, U.S. government securities and/or similar securities). The Fund will invest in or have exposure to, U.S. equity securities in order to achieve capital appreciation, or will invest in cash or cash equivalents in order to attempt to preserve capital during market downturns. When allocated to U.S. equities, the Fund will seek leveraged exposure of its net assets through investments in derivatives, such as swaps, in order to achieve enhanced returns. |
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| Prospectus |
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| Top 10 Holdings |
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| Derivatives offset |
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-19.0361% |
| QQQ SWAP ASSET LEG |
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19.0361% |
| DREYFUS GOVT CASH MAN INS |
|
16.8973% |
| APPLE INC |
AAPL |
6.3387% |
| NVIDIA CORP |
NVDA |
5.5461% |
| MICROSOFT CORP |
MSFT |
5.0222% |
| AMAZON.COM INC |
AMZN |
3.2234% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT |
X9USDGLDS |
3.1163% |
| ALPHABET INC-CL A |
GOOGL |
2.0925% |
| BROADCOM INC |
AVGO |
1.7503% |
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Top 10 Holdings Weight: |
44.0% |
| Number of Holdings: |
508 |
| Shares Outstanding: |
14,500,001 |
| Total Net Assets: |
566,385,984 |
| NAV: |
39.07 |
| Net Expense Ratio: |
1.18% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Other Quant Model |
| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
| Credit Quality: |
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| Bond Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
